Producer prices, consumer data on tap
Evan McDaniel | email@example.com
Today's economic calendar will focus on the produce price index, which will be released at 8:30 a.m. ET.
The consensus forecast for June's PPI is -0.4 percent, up from -1 percent in May. Estimates range from -1.2 percent to 0.2 percent.
Excluding food and energy, producer prices are expected to remain unchanged at 0.2 percent. Estimates range from -0.2 percent to 0.3 percent.
The Reuters/University of Michigan's Consumer Confidence Index is next at 9:55 a.m. ET. The consensus expectation for the June report is 73.5, a slight rise from the May reading of 73.2. Estimates range from 70 to 76.5.
A speech by Atlanta Federal Reserve Bank President Dennis Lockhard is scheduled for 1:20 p.m. ET.
Jobs, manufacturing data on agenda
May 1, 2013
Macroeconomic data is back in focus today, with reports on employment, manufacturing, and the Federal Reserve's monetary policy on the calendar.
Durable goods, earnings on calendar
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Today's event calendar focuses on durable-goods orders, while corporate results continue their heavy flow. Aerospace giant Boeing and auto maker Ford are the biggest earnings report this morning.
Overseas data, housing on calendar
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Trading sentiment could be affected by purchasing managers index numbers from China, Germany, France, and the Eurozone. Housing data dominates today's U.S. data.